16, VAN MILDERT CLOSE, BISHOP AUCKLAND, DL14 7GF - £160,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 VAN MILDERT CLOSE is a very small extended detached house of 76m², built sometime between 2003 and 2006, which could now be worth an estimated £228,809. It was last sold for £160,000 in March 2016, which was around 3% below the average March 2016 detached price in the County Durham local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

16 VAN MILDERT CLOSE Sold Prices

Land registry data shows three sales for 16 VAN MILDERT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 16 VAN MILDERT CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 11 MAR	£160,000	£165,143	3% below HPI
2007 24 AUG	£185,000	£195,343	5% below HPI
2004 5 MAR	£130,000	£131,803	1% below HPI

16 VAN MILDERT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three 16 VAN MILDERT CLOSE sales between March 2004 and March 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2007 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2016 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 16 VAN MILDERT CLOSE be worth now?

16 VAN MILDERT CLOSE might now be worth an estimated £228,809.

This is based on house price inflation of 43%, between March 2016 and February 2025, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43% inflationary increase is applied to the most recent sale price for 16 VAN MILDERT CLOSE of £160,000 on 11th March 2016. For the value to have increased from £160,000 to £228,809 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 16 VAN MILDERT CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The March 2016 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 16 VAN MILDERT CLOSE has not materially changed since March 2016.

How Large is 16 VAN MILDERT CLOSE?

16 VAN MILDERT CLOSE is 76m², which includes two extensions, according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of detached houses houses in Bishop Auckland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bishop Auckland, and where 16 VAN MILDERT CLOSE lies on this distribution: 10% of detached houses houses are smaller than 16 VAN MILDERT CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bishop Auckland.

16 VAN MILDERT CLOSE: Plot and Title Map

16 VAN MILDERT CLOSE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 16 VAN MILDERT CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 VAN MILDERT CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 16 VAN MILDERT CLOSE?

16 VAN MILDERT CLOSE is located in BISHOP AUCKLAND, in the DL14 postcode district. The below map shows the position of No. 16 on VAN MILDERT CLOSE.